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McLean-based Capital One’s $35.3 billion purchase of Discover in 2025 created the sixth largest U.S. bank, as well as many conversion challenges. Photo by Adobe Stock
Apr 24, 2026

Judge approves $425M Capital One settlement

A federal judge approved Capital One’s revised $425 million settlement over 360 Savings account interest rate claims.

The logo and ticker for Capital One are displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 21, 2018. REUTERS/Brendan McDermid
Jan 12, 2026

Capital One $425 million depositor settlement wins preliminary approval after earlier rejection

NEW YORK, Jan 12 (Reuters) – A federal judge granted preliminary approval on Monday to Capital One‘s revised $425 million class action settlement with depositors who said they were cheated out of high interest rates, two months after an earlier accord was rejected. U.S. District Judge David Novak in Alexandria, Virginia, ruled after Capital One […]

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